Trump's Bitcoin advisor David Bailey to execute $1B Bitcoin buy tomorrow

[Mate2237]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

I think that the media is just over hyping the news that is why they are putting it that way and the OP too did not do a proper fact check that maybe the reason for the thread but things should be always presented the way that they are.


But this is a welcome development especially when the man is part of the truth administration which made some promising statements about crypto currency so moves like this coming Trump's Bitcoin adviser David Bailey will give hope to those still not convinced about investing in Bitcoin

[Stalker22]

So $763 million magically turned into “$1 billion” just for the headline? Yeah, I guess rounding up by a couple hundred million makes it sound fancier.

It’s still a huge buy, no doubt, but come on… just say the real number. No need to dress it up like it’s some record-breaking move.

Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week

I think that the media is just over hyping the news that is why they are putting it that way and the OP too did not do a proper fact check that maybe the reason for the thread but things should be always presented the way that they are.


But this is a welcome development especially when the man is part of the truth administration which made some promising statements about crypto currency so moves like this coming Trump's Bitcoin adviser David Bailey will give hope to those still not convinced about investing in Bitcoin

Yes, this would be a welcome development if it hadnt already turned out to be fake news.  Or they changed their minds in the meantime.   

The truth is, the supposed "smash buy" probably wont happen anytime soon.  U.S. Treasury Secretary Scott Bessents comments that the government has no plans to expand Bitcoin purchases for its Strategic Reserve are being widely reported. He stated that the government will rely on confiscated assets to build the reserve and will not be buying more.

[Ivystar5]

It's wonderful that you've earned four merits for not understanding anything, just like almost everyone else who has commented on the thread, starting with the OP. The fact that Bailey is making a purchase for the Nakamoto company, and that he has a relationship with Trump, has nothing to do with the US buying or not buying bitcoin, but you and the others continue to do your thing. I foresee a multipage thread with multiple comments following mine criticizing how the alleged (and false) US purchase has not affected the market.

I don't know why every thing is centered around trump, even things that obviously has nothing to do with him, just because the said person has a relationship with trump, it now automatically becomes "the united states government buying bitcoin. I didn't just get pissed with the title after looking at it I'm also pissed with the type of thread op creates, I've visited his profile few times some threads are just naturally annoying. however we wouldn't blame some people for the reaction to the thread without a good examination of what they are talking about it's a struggle to do what they know how to do best.

[Fiatless]

I don't know why every thing is centered around trump, even things that obviously has nothing to do with him, just because the said person has a relationship with trump, it now automatically becomes "the united states government buying bitcoin. I didn't just get pissed with the title after looking at it I'm also pissed with the type of thread op creates, I've visited his profile few times some threads are just naturally annoying. however we wouldn't blame some people for the reaction to the thread without a good examination of what they are talking about it's a struggle to do what they know how to do best.

The article is poorly written and has some conflicting views. It is assumed by some people in the crypto space that it was Trump's involvement in crypto that made the price to go high this year. So any news that is connected to him gets attention. These writers are now using the US president's name as clickbait. They fail to understand that Bitcoin has hit several ATHs without the involvement of any politician. It's good to see a firm accumulating Bitcoin and hoping that more will come onboard.